Psyquation Update
Regular readers know that I have started a Psyquation account as a public beta test of the 4-Phase Framework. I have allocated USD 200,000.00 as my starting capital and have deposited USD 70,000.00 with the broker, Axicorp.
(Originally, I had deposited USD 100,000.00. I withdrew USD 30,000.00 on March 4).
If you have been following me from Jan 1, you’ll know that till recently (Feb 17), I was in an Ebb Phase: 27 trades for a 19% win rate (usually above 50%), But because my average dollar loss was well below the average dollar win, my loss as a percentage of $200K was only -0.79%. The Expectancy Return was positive.
The EURUSD trade I am in may turn things around. We’ll see.
As at last night’s close, the ROI is +0.6%. That doesn’t mean much because the trade is open. What is important is to note: although I had suffered 14 losses from 29 trades (as at Mar 8), because the losses were far smaller than the profits, one trade has been able to move me from red to green.
If you’d like to gain access to the report, email me at [email protected].
The post Psyquation Update appeared first on Ray Barros’ Blog for Trading Success.
Source: http://www.tradingsuccess.com/blog/psyquation-update-6702.html
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